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Thailand: Consumer mood at 6-month low

Consumer confidence dropped for a third straight month in March, hitting a six-month low, the University of the Thai Chamber of Commerce said on Friday. The consumer index of fell to 42.0 in March from 43.3 the previous month.  Its survey attributed the fall to concerns over the coronavirus outbreak, higher living costs and the […]

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Philippines: Import slowdown tempers foreign trade growth in February

MANILA, Philippines — Foreign trade growth moderated in February after country’s imports grew at a slower pace during the month, state statisticians reported Friday. The Philippines’ total external trade amounted to $15.85 billion in February, expanding 18.1% year-on-year, data from the Philippine Statistics Authority showed. That was slower compared to 20.3% annual growth rate recorded in […]

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Uncontrollable Inflation Reaches 8 Percent in Laos

Laos’ year-on-year inflation rate increased to 8.5 percent in March, the highest recorded in some years. According to information provided by the Bank of Laos, inflation has now reached a five-year high after reaching 10% in January 2016. The main drivers of inflation for Laos, which has one of the highest rates of inflation in […]

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